The bulls are back in control, quotes James Hughes, Chief Market Analyst for eToro, as he highlights the stocks and indices divergence theme, and shares the key newspaper headlines in today’s Tip TV Finance Show.
US: Divergence in stocks and the indices
Hughes highlights how the US earnings seasons remains interesting. While the US equities are rallying, constituent-wise the story speaks otherwise. The earnings numbers haven’t been fantastic and a divergence can be seen between the indices and stocks.
The week ahead is key, with the FOMC minutes, earnings for Apple and the US GDP figures set to trigger a strong market reaction.
On the divergence, Hughes also notes that there is a need to narrow this, or else a fall, if any, will be sharp.
Newspaper review: Key Highlights
Talktalk cyber attack raises business fears: On this, Hughes says how this might result on a massive change, hinting at a possible government intervention and regulation.
Half of FTSE 100 misses target for Women directors
Sainsbury’s tests new ideas
Hughes highlights that Sainsbury’s move to opening little stores is interesting, he adds that they are doing something what Tesco and Morrisons are moving back from.
Watch the interview for further insights
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